Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$165,559+1.3% YoY · prices are rising
Market right nowBalanced, leaning buyersMore homes for sale than last year, 18% have cut their price
Income needed to buy, per year$35,890About 0.6× the local median income ($64,664): affordable for a typical household
Days on market66 daysFaster than a year ago: sellers have the edge
Next 12 months+0.5%Zillow expects prices to stay about flat
The typical home in Hockley County, TX is worth $165,559, up 1.3% from a year ago. That is well below what local incomes have historically supported: fair value is about $186,780, so the area is 11.4% undervalued. It is a balanced market, leaning toward buyers: homes take about 66 days to sell, listings are up 3% from a year ago, 18% of listings have had a price cut. Zillow expects prices to rise about 0.5% over the next year. A household needs about $35,890 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $64,664. In the latest IRS figures, 91 more people moved in than out.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$165,559
Change in 1 year
+1.3%
Overvalued %
−11.4%
Show 7 more
Fair home value
$186,780
Change in 5 years
+2.3%
Zillow forecast, next 12 months
+0.5%
Home value to income
2.6×
Monthly mortgage payment (20% down)
$897
Income needed to afford it
$35,890
Property tax rate
1.39%
Rent and investing
HUD Fair Market Rent, 2 bedrooms
$1,014
Market activity
Listings vs a year ago
+2.8%
Days on market
66
Listings with a price cut
18.0%
Show 3 more
Homes for sale
73
Pending sales per 100 listings
21
Asking price per sq ft
$108
People and jobs
Median household income
$64,664
Population change (1 year)
+0.4%
Unemployment rate
4.7%
Show 4 more
Population
21,600
Income adjusted for cost of living
$70,826
Net moves in (IRS)
+91
Cost of living (US = 100)
91.3
Schools, risk and environment
School rating (1 to 10)
6.3
FEMA hazard risk score (0 to 100)
51.4
Flood risk score
24.8
Show 3 more
Wildfire risk score
76.2
Walkability (1 to 20)
6.3
Road, rail and air noise
52 dB
Questions people ask
Is Hockley County, TX overvalued?
Home prices in Hockley County, TX are well below what local incomes have historically supported: fair value is about $186,780, so the area is 11.4% undervalued.
Is Hockley County, TX a buyer's or seller's market?
Hockley County, TX is a balanced market, leaning toward buyers: homes take about 66 days to sell, listings are up 3% from a year ago, 18% of listings have had a price cut.
Are home prices going down in Hockley County, TX?
Home values in Hockley County, TX are up 1.3% over the last year. Zillow's forecast for the next 12 months is +0.5%.
How much do you need to earn to buy a home in Hockley County, TX?
A household needs about $35,890 a year to afford the typical home in Hockley County, TX at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $64,664.